I've been with Alliance and Leicester for coming up to 2 years so need to get a new deal.
At the moment i'm not working and just renting the flat out to cover the repayments which is working out fine.
Because i'm not working i gather i'll need to stay with Alliance and Leicester.
Was just wondering if anyone else is with them and has just renewed with them or if anyone is due to renew soon also and what kind of rates you were offered?
Do they ever lower their rates if you say you'll probably go elsewhere or is mortgages completely different and that doesnt work.
Looking for a fixed rate for between 2 -5 years.
Any advise or comments or anyone who has had dealings with A+L of late would be appreciated
On their website it says for existing customers the rates are
2 years fixed - 6.74 with 2% product fee
2 years fixed - 7.24 with £599 product fee
The rates also seem to get higher the longer you want to fix your deal for which seems strange to me, going to give them a phone 2mrw and try and get some info but thought if some people on here could give me a heads up it may help before i call.
My rate just now is 4.6, what is going on!!? Wonder how much extra i'll end up paying per month now! Prob need to have it over something like 35 years instaed of my current 25 yeras to afford the thing!
Thanks in advance for any help